According to an article by Richard McCormack posted on manufacturingnews.com (http://www.manufacturingnews.com/news/11/0831/reshoring.html) The attractive cost of producing goods overseas, China in particular, may be a mirage.
There are a number of hidden costs associated with producing overseas, including quality issues (which of course affects customer confidence and future orders), logistics and inventory schedules. The true cost of products produced in China may be roughly 25% higher than the stated price and only 8% lower than local production.
As China's economy continues to bubble, that cost may climb. This is good news for North American based manufacturers. Our economies could sure use a fresh injection and if the current trend continues, perhaps major manufacturers will see there way to come back home, providing needed jobs and boosting local economies.